The Preliminary Results of the Annual Balance of Payments for Palestine* 2017

 

Click here To download

Value in USD millions.

Item

2017

CURRENT ACCOUNT (net)

-2,129.9

  Goods (net)

-4,983.9

  Exports (fob)

1,928.7

  Imports (fob)

6,912.6

  Services (net)

-983.5

     Exports

607.3

     Imports

1,590.8

  Income (net)

2,129.0

     Receipts

2,324.7

        Of which Compensation of employees

2,131.1

             Of which from Israel

2,084.4

        Of which Investment income

193.6

     Payments

195.7

  Current transfers (net)

1,708.5

     Inflows

2,168.9

        Of which General government

505.4

             Of which from donors

375.3

        Of which Other sectors

1,663.5

             Of which from donors

160.8

     Outflows

460.4

CAPITAL AND FINANCIAL ACCOUNT (net)

2,194.1

  Capital account (net)

624.4

    Capital transfers (net)

624.4

      Inflows

624.4

        Of which General government

349.9

             Of which from donors

349.9

        Of which Other sectors

274.5

      Outflows

0.0

    Acquisitions/disposals of non-produced, non-financial assets (net)

0.0

  Financial account (net)**

1,569.7

    Direct investment (net)

191.2

      Abroad (net)

2.9

      In Palestine (net)

188.3

   Portfolio investment (net)

-201.5

     Assets (net)

-244.5

     Liabilities (net)

43.0

   Other investment (net)

1,713.4

     Assets (net)

1,616.1

        Currency and deposits***

1,564.6

     Liabilities (net)

97.3

 Of wich Loans

-2.0

       Of wich Currency and deposits****

107.0

   Change in  Reserve Assets (- = increase/ + = decrease)

-133.4

   Exceptional financing 

0.0

   Errors and omissions, (net)****

-64.2

OVERALL BALANCE

133.4

FINANCING (INCREASE IN ASSETS IS NEG.)

-133.4


* The data excludes those parts of Jerusalem which were annexed by Israel occupation in 1967

** Includes Reserve Assets.

*** Currency and deposits: Including the cash of foreign currency in the banks and the deposits of the Palestinian institutions deposited abroad.

**** Currency and deposits : Includes the deposits of non-residents deposited in Local banks.

***** Errors and omissions (net): Includes the different between current account (net) one hand, and capital and financial account (net) on the other hand.

Notes: 

PCPS and PMA have revised and updated the current account of balance of payments time series data for the period 2013-2017, based on the national accounts updates for the same period, to ensure consistency between the balance of payments and the national accounts data.

The data of Financial account will be updated according to the recomdations of IMF technical mission due to this topic.